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the fiscal cliff now 31 days away, still no mention of sequestration cuts. cuts in the pentagon budget with deadly consequences? can this congress and this president figure out how to do the right thing? admiral james lyons joins us next. this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot fr
the fiscal cliff now 31 days away, still no mention of sequestration cuts. cuts in the pentagon budget with deadly consequences? can this congress and this president figure out how to do the right thing? admiral james lyons joins us next. this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells,...
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when we go over the fiscal cliff, what happens? the bush tax cuts expire january 1, so they automatically go up to clinton era levels. the 2011 payroll tax holiday expires. the alternative tax kicks in. and then you have $1 trillion of cuts, half of which is in defense. how is the president doing in his pitch so far, both in his first offer and how he's going to the public to sell this? >> i think he's doing pretty well. i think he is calling for compromise. compromise means no firings of any great magnitude starting january 8. january 8, that's the first company reports. there will be a foot race to fire. who can fire the most? who saw the recession coming? and i think that compromise, which i believe the president is actually offering, avoids those firings. avoids the big spending problems that you're going to see. there's no valentine's day. there's no easter. there's no big spending days coming if you go through and don't compromise. >> here's what i think is going on in part, grover. the president is being as aggressive as he
when we go over the fiscal cliff, what happens? the bush tax cuts expire january 1, so they automatically go up to clinton era levels. the 2011 payroll tax holiday expires. the alternative tax kicks in. and then you have $1 trillion of cuts, half of which is in defense. how is the president doing in his pitch so far, both in his first offer and how he's going to the public to sell this? >> i think he's doing pretty well. i think he is calling for compromise. compromise means no firings of...
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. >>> 30 days to avoid the country falling off the fiscal cliff. everyone's taxes go up and automaticpending cuts take
. >>> 30 days to avoid the country falling off the fiscal cliff. everyone's taxes go up and automaticpending cuts take
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cliff, both sides seem to be standing tough and what about the coverage, jim in. >> i think the debate overall that began with simpson bowls saying we should roughly have tax cuts, tax increases, pardon me, and spending cuts and so the media narrative is sort of, can we get simpson bowls through a recalcitrant republican congress? and what's changed though, i think it's really a role call, daniel new house and mary anne shiner, says simpson and bowls are no longer part of the discussion and it's now morphed into the tax increase and democrats lost interest in the taxing and can we put them on compromise on simpson-bowles and i think so far, the media with exception of a few reporters haven't caught on, but we see charles krauthammer, andrea tantaros, watch out. you're being snookered. >> and pushing republicans towards tax increases and john boehner said we're up for revenue-- >> as several have pointed out the democrats won the election and that means that there are consequences and financial consequences that flow from that, and if the president wants 1 trillion 600 billion dollars w
cliff, both sides seem to be standing tough and what about the coverage, jim in. >> i think the debate overall that began with simpson bowls saying we should roughly have tax cuts, tax increases, pardon me, and spending cuts and so the media narrative is sort of, can we get simpson bowls through a recalcitrant republican congress? and what's changed though, i think it's really a role call, daniel new house and mary anne shiner, says simpson and bowls are no longer part of the discussion...
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. >> what do you think about the fiscal cliff. >> even though we don't like the plan, we voted on reductions that would take place starting january 1. we know the bush tax cuts expire january 1. it's the plan a. no one likes the plan a but that will happen if we are unable to have some sort of long-term plan or at least some effort moving forward. challenge right now, to be to be hon with you, is everyone keeps having bumper sticker claims as they get interviewed and what has to happened is we have to cut the budget, no question about it, deal with the revenues and tax reform and we will have to invest in things like education and infrastructure that's falling apart in this country but we have to do all three together and no one wants to do all three. they are all still positioning and it's like the campaigns have never ended. the wall is coming. plan a is going to take place january 1 and it's going to be a bumpy road if we are unable to get down the path. there's a lot of conversation, but it's time now, people say let's kick it off a little bit. we know the answer. it is going to be no fu
. >> what do you think about the fiscal cliff. >> even though we don't like the plan, we voted on reductions that would take place starting january 1. we know the bush tax cuts expire january 1. it's the plan a. no one likes the plan a but that will happen if we are unable to have some sort of long-term plan or at least some effort moving forward. challenge right now, to be to be hon with you, is everyone keeps having bumper sticker claims as they get interviewed and what has to...
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living on the edge we are weeks away from going over the fiscal cliff. so what does the president do? well, at the moment blame republicans. >> it is unacceptable for some republicans to hold middle class tax cuts hostage because they refuse to let the tax rates go up on the wealthiest americans. >> where is the compromise today? we will look for it. >> a shacking tragedy in the nfl. kansas city chief linebacker kills his girlfriend then himself. this morning disturbing new details coming to light. we will have a live report ahead. >> he gave a homeless man a pair of boots on a freezing night in manhatt manhattan. now the officer's single act of kindness keeps getting better. an update on this heartwarming story. fox and friends hour four starts right now. ♪ ♪ fox and friends >> we have an important story on autism coming up for you. there were big hearings on capitol hill this week that not many in the mainstream media really covered. congress people are trying to get answers for why there's been such a spike in the autism rate. >> that and more. pl
living on the edge we are weeks away from going over the fiscal cliff. so what does the president do? well, at the moment blame republicans. >> it is unacceptable for some republicans to hold middle class tax cuts hostage because they refuse to let the tax rates go up on the wealthiest americans. >> where is the compromise today? we will look for it. >> a shacking tragedy in the nfl. kansas city chief linebacker kills his girlfriend then himself. this morning disturbing new...